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Inflation Rate Rises to 33.6% in April — NBS

Nigeria’s headline inflation rate surged to 33.69% in April, up from 33.20% in March 2024, according to the National Bureau of Statistics (NBS). This represents a 0.49 percentage point increase over the previous month. The NBS, which released the data on Wednesday, attributed the rising inflation to escalating food prices. The food inflation rate in […]